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FULL CONCEPT ELEC

Active
Private limited companyfounded 2016active for 10 yearsPopulierenstraat(P.E.) 24, 7850 Enghien, BelgiumKBO/BCE: BE 0661.920.179
Summary

FULL CONCEPT ELEC has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,699 and a net result of €29,800. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow ReportCompare
FULL CONCEPT ELECActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
2 sites
Size
€94,201total assets 2025
Staff
0.4 FTE
Equity
€12,699
Profit
€29,800
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts filed 11 days late1 of 4 deeds summarised
Why 67raises riskLast filed accounts filed 11 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Equity €12,699 (13.5% of total assets)lowers riskSize: total assets €94,201Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 53% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 38-3
equity 13.5% of total assets
Liquidity 28+21
short-term debt 76.6% · cash 16.0%
Profitability 100+28
return on assets 31.6%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.5%▼ -0.1 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.7%▲ +0.2 percentage points vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.6%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.5%▲ +0.8 percentage points vs 07-2025 09-2025: 3.1%▲ +0.6 percentage points vs 08-2025highest value 10-2025: 2.5%▼ -0.6 percentage points vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.4%▼ -0.1 percentage points vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.4%● unchanged vs 04-2026 06-2026: 2.4%● unchanged vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 3.0%▲ +0.6 percentage points vs 07-2026 09-2026: 1.0%▼ -2.0 percentage points vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, compared with 1.09 in 2024, below 1; short-term debt: 76.6% and cash: 16% of total assets), and 86.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 16% on solvency, 17% on liquidity, 92% on profitability and 86% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 11 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €94,201
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €12,699 (13.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 34718 sector peers (2025).
NBB · sector comparison
Position among 34718 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
11 days late
2024
43 days late
2023
43 days early
2022
13 days early
2021
12 days early
2020
32 days early
2019
56 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €29,800 ▲479%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 17% on solvencysector median 46.8% · 34,718 companies 13.5% View
  • Total assets 20256 financial years filed €94,201 View
  • Active since 2016founded 02-09-2016 10 years View

By topic

Financials

Financial year
2025
Total assets
€94,201
Profit
€29,800
Solvency
13.5%
Total assets▲ 85.6%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2018
Next accounts
by 31-07-2027
  1. 18-06-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 18-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
02-09-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about FULL CONCEPT ELEC

What is the company number of FULL CONCEPT ELEC?
0661.920.179. In Belgium the VAT number is the company number with BE in front: BE 0661.920.179.
Where is FULL CONCEPT ELEC based?
The registered office is at Populierenstraat(P.E.) 24, 7850 Enghien.Company details
What does FULL CONCEPT ELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of FULL CONCEPT ELEC?
Private limited company (BV).
When was FULL CONCEPT ELEC founded?
On 02-09-2016.
Is FULL CONCEPT ELEC still active?
Yes, FULL CONCEPT ELEC is an active enterprise in the KBO register.
How many employees does FULL CONCEPT ELEC have?
On average 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FULL CONCEPT ELEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FULL CONCEPT ELEC profitable?
In financial year 2025, FULL CONCEPT ELEC made a profit of €29,800.
Where can I find the annual accounts of FULL CONCEPT ELEC?
FULL CONCEPT ELEC filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FULL CONCEPT ELEC due?
By 31-07-2027, for financial year 2026.Timeline

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